this post was submitted on 09 Nov 2023
1 points (100.0% liked)

Watches

0 readers
1 users here now

A community for watch & horology discussion.

founded 11 months ago
MODERATORS
communick@style.land
1
[Article] L.A. luxury watch dealer arrested for stealing $3 million from customers (ktla.com)
submitted 10 months ago by zuggzuggzugg@alien.top to c/watches@style.land
62 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Skreamie@alien.top 1 points 10 months ago

Was it a Ponzi scheme? Where does it mention he ever planned to reimburse anyone? Most Ponzi schemes have some foresight to start patching holes before the hole ship sinks. This just seems like outright theft.